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5427 WATER STREET, NEW PORT RICHEY, FL 34652

C E CRAFTS SUB · Pasco County

Key Facts

2,920Sq Ft
1982Year Built
0.11Lot (acres)
1Stories

Description

This 2,920 SF New Port Richey professional office building is located on a shared (2 unit) site. The space was formerly used as a medical lab but would work nicely as a medical office as it is located in a market surrounded by dense residential and complementary medical uses. As you walk through the front door, you enter into a large reception and waiting area with a waiting room large enough to accommodate 12-14 guests. The adjacent reception office is set up for two stations with an open bullpen area behind it. At the rear of the space, there are 4 private offices / exam rooms, 2 restrooms, a large open area, and another wide open bullpen area. The space is in need of some cosmetic improvement and is ready for a new occupant to put their imagination to use with this flexible open floor plan. Located in New Port Richey just east of US-19 with easy access to the Suncoast Parkway and Veterans Express.

Property Information

Property Type

Commercial Sale

Sub-Type

Office

Year Built

1982

Stories

1

Living Area

2,920 sq ft

Lot Size

0.11 acres

Ownership

Other

Days on Market

432

MLS® Listing#

TB8365712

Property Features

Cooling

Central Air

Construction

Brick

Foundation

Slab

Financial Details

Annual Taxes

$3,809

Tax year 2024

Parcel Number

16-26-08-0230-00000-0350

Directions

Veterans Express North (589-TOLL), take exit 19 toward SR-54/New Port Richey/Zephyrhills, turn left onto SR-54 W, 12.0 miles, turn right onto Grand Blvd (CR-595 N), 0.5 miles, continue on Grand Blvd (CR-595), 0.9 miles, turn left onto Water St, 0.1 miles to property.

Affordability Calculator

$77,800

Estimated monthly payment

$2,070/mo

Principal $311,200 · Est. interest $434,152 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in NEW PORT RICHEY, FL

$369,914
Median Listing Price
97
Median Days on Market
1,625
Median Sq Ft
$218
Median Price / Sq Ft
7,418
Active Listings
  • This home’s price is 5% above the area median.
  • Its price per sq ft is 39% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in NEW PORT RICHEY, FL.

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Listing Courtesy: BAY STREET COMMERCIAL LLC - 813-254-6756

Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright ©2026 MLS GRID. All Rights Reserved.

Last Updated: 2025-03-24

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by Suncoast Tampa. MLS® Listing#TB8365712. © 2026EXIT Realty®. All rights reserved.